Does it make sense..., page-3

  1. 645 Posts.
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    I believe that to be the case. Carry forward losses cannot be transferred to your estate when you die. So, as you get older, that is something you should take into consideration. If you are not actively turning over your stock, it would make sense, IMO, to eliminate carry forward losses at opportune times. Also, reporting requirements are that all trading records from every sequential year that you had a carry forward loss must be kept until 5 years after carry forward losses are fully eliminated.So if you have 10 years of carry forward losses and you don't eliminate them until this year, you will need to keep those previous records for 5 more years (15 years of records in total).
 
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